Common use of Organization of the Buyer and Newco Clause in Contracts

Organization of the Buyer and Newco. Each of the Buyer and Newco is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. The Buyer has delivered to Sellers correct and complete copies of the charter and bylaws of Buyer and Newco (as amended to date). Neither Buyer nor Newco is in default under or in violation of its charter or bylaws.

Appears in 5 contracts

Samples: Merger Agreement (Appnet Systems Inc), Merger Agreement (Appnet Systems Inc), Merger Agreement (Appnet Systems Inc)

AutoNDA by SimpleDocs

Organization of the Buyer and Newco. Each of the Buyer ----------------------------------- and Newco is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. The Buyer has delivered to Sellers correct and complete copies of the charter and bylaws of Buyer and Newco (as amended to date). Neither Buyer nor Newco is not in default under or in violation of any provision of its charter or bylaws.

Appears in 1 contract

Samples: Merger Agreement (Answer Think Consulting Group Inc)

AutoNDA by SimpleDocs

Organization of the Buyer and Newco. Each of the Buyer and Newco is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation. The Buyer has delivered to Sellers correct and complete copies of the charter and bylaws of Buyer and Newco (as amended to date). Neither Buyer nor Newco is in default under or in violation of its charter or bylaws.

Appears in 1 contract

Samples: Merger Agreement (Spectrasite Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.